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  • CFTC Extends No-Action Relief To SEFs And DCMs From Certain CFTC Regulations For Correction Of Errors

    Date 10/06/2016

    The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (DMO) and Division of Clearing and Risk (together, the Divisions) today issued a no-action letter extending the relief provided in CFTC Letter No. 15-24, which expires on June 15, 2016. That no-action letter provides relief from certain CFTC regulations to permit swap execution facilities (SEFs) and designated contract markets (DCMs) to correct clerical or operational errors that caused a swap to be rejected for clearing and thus become void. The no-action letter also permits SEFs and DCMs to correct clerical or operational errors discovered after a swap has been cleared.

  • US Federal Agencies Permit Reduced Content Resolution Plan Submissions For Firms With Limited U.S. Operations

    Date 10/06/2016

    The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) on Friday permitted 84 firms with limited U.S. operations to file reduced content resolution plans for their next three resolution plans. The decision is intended to increase clarity and reduce burden by creating more certainty around future filing requirements.

  • Nigerian Stock Exchange Weekly Report For Week Ending 10 June 2016

    Date 10/06/2016

    A turnover of 959.917 million shares worth N7.871 billion in 17,561 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.263 billion shares valued at N11.583 billion that exchanged hands last week in 17,434 deals.

  • Bats Global Markets Announces Launch Of Debt Refinancing Transaction Expected To Close In June

    Date 10/06/2016

    Bats Global Markets, Inc. (Bats: BATS), a leading global operator of exchanges and services for financial markets, today announced plans to refinance its existing $656 million Term Loan B facilities and $100 million revolving credit facility.

  • Stock Markets Steering Committee Of Hellenic Exchanges, Athens Stock Exchanges

    Date 10/06/2016

    Τhe Athens Stock Exchange, following today's session of its Stock Markets Steering Committee, announces the temporary suspension, on Wednesday, June 15, 2016, of trading of the 6,030,903 units of the Exchange Traded Fund "ALPHA ETF FTSE Athex Large Cap EQUITIES FUND" (ISIN: GRF000013000), in order to be replaced by 603,090 new units, as a result of the units' reverse split. The record date for the aforementioned corporate action is Thursday, June 16, 2016. The commencement of trading of the new units is on Tuesday, June 21, 2016.